Article: Snatching big names, aesthetics aside At contemporary sales, buyers paid handsomely for celebrity artists' works WEEKEND ARTS / AUCTIONS

Souren Melikian International Herald Tribune
International Herald Tribune
07-04-2009
Snatching big names, aesthetics aside At contemporary sales, buyers paid handsomely for celebrity artists' works WEEKEND ARTS / AUCTIONS
Byline: Souren Melikian International Herald Tribune
Edition: 2
Section: FEATURES

LONDON: --

The surprising success of the contemporary art sales at Sotheby's on June 25 and at Christie's on Tuesday has again confirmed that the art market operates as if the buyers had never heard of the recession. Interestingly, it also puts its performance in a new perspective.

As long as the continuing rush to buy art at auction concerned the legacy of the past, this could be accounted ...

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